Cardano (ADA) shows signs of being overvalued with the MVRV Long/Short Difference at 52.71% and a rising NVT ratio. Technical indicators suggest a potential correction to $0.92 if selling pressure mounts. The Bollinger Bands indicate high volatility, with ADA currently overbought at $1.30. A price drop to $0.92 is possible, but increased buying pressure could push ADA above $1.40. #Cardano #ADA #Crypto #PriceAnalysis #Overvalued
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